Eland Oil & Gas PLC, together with its subsidiaries, engages in development, exploration, and production of oil and gas properties in West Africa.
Solid track record with excellent balance sheet.
Share Price & News
How has Eland Oil & Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELA's share price has been volatile over the past 3 months.
7 Day Return
GB Oil and Gas
1 Year Return
GB Oil and Gas
Return vs Industry: ELA exceeded the UK Oil and Gas industry which returned 4.5% over the past year.
Return vs Market: ELA exceeded the UK Market which returned 12.7% over the past year.
Price Volatility Vs. Market
How volatile is Eland Oil & Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StInvestors Who Bought Eland Oil & Gas (LON:ELA) Shares Three Years Ago Are Now Up 189%
6 months ago | Simply Wall StWhy I Like Eland Oil & Gas PLC (LON:ELA)
7 months ago | Simply Wall StShould You Worry About Eland Oil & Gas PLC's (LON:ELA) CEO Pay Cheque?
Is Eland Oil & Gas undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ELA (£1.66) is trading below our estimate of fair value (£9.34)
Significantly Below Fair Value: ELA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ELA is good value based on its PE Ratio (6.9x) compared to the Oil and Gas industry average (7.6x).
PE vs Market: ELA is good value based on its PE Ratio (6.9x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: ELA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ELA is overvalued based on its PB Ratio (1.1x) compared to the GB Oil and Gas industry average (0.7x).
How is Eland Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELA's earnings are forecast to decline over the next 3 years (-1.2% per year).
Earnings vs Market: ELA's earnings are forecast to decline over the next 3 years (-1.2% per year).
High Growth Earnings: ELA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ELA's revenue (28.8% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: ELA's revenue (28.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ELA's Return on Equity is forecast to be high in 3 years time
How has Eland Oil & Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELA has a high level of non-cash earnings.
Growing Profit Margin: ELA's current net profit margins (33.4%) are higher than last year (16.1%).
Past Earnings Growth Analysis
Earnings Trend: ELA's earnings have grown significantly by 37.5% per year over the past 5 years.
Accelerating Growth: ELA's earnings growth over the past year (219.4%) exceeds its 5-year average (37.5% per year).
Earnings vs Industry: ELA earnings growth over the past year (219.4%) exceeded the Oil and Gas industry 24.4%.
Return on Equity
High ROE: ELA's Return on Equity (39.5%) is considered high.
How is Eland Oil & Gas's financial position?
Financial Position Analysis
Short Term Liabilities: ELA's short term assets ($130.0M) exceed its short term liabilities ($129.7M).
Long Term Liabilities: ELA's short term assets ($130.0M) exceed its long term liabilities ($75.2M).
Debt to Equity History and Analysis
Debt Level: ELA's debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ELA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ELA's debt is well covered by operating cash flow (92%).
Interest Coverage: ELA's interest payments on its debt are well covered by EBIT (15.7x coverage).
Inventory Level: ELA has a high level of physical assets or inventory.
Debt Coverage by Assets: ELA's debt is covered by short term assets (assets are 2.1x debt).
What is Eland Oil & Gas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ELA's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: ELA's dividend (1.12%) is low compared to the top 25% of dividend payers in the UK market (4.95%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether ELA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ELA's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (4%), ELA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ELA's dividends in 3 years are forecast to be thoroughly covered by earnings (10.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
George Walter Maxwell (53yo)
Mr. George Walter Mitchell Maxwell is the Founder of Eland Oil & Gas PLC and has been its Chief Executive Officer since September 8, 2014 and served as its Chief Financial Officer since September 28, 2009. ...
CEO Compensation Analysis
Compensation vs Market: George Walter's total compensation ($USD1.23M) is above average for companies of similar size in the UK market ($USD864.74K).
Compensation vs Earnings: George Walter's compensation has increased by more than 20% in the past year.
|CFO & Executive Director||2.33yrs||US$473.00k||0.0081% $29.0k|
|no data||no data||no data|
|Chief Operating Officer||1.42yrs||no data||no data|
|Technical Director||no data||no data||no data|
|Exploration Director||0.75yr||no data||no data|
|Managing Director of Nigeria||3.83yrs||no data||no data|
|Head of Finance||no data||no data||no data|
|Secretary||no data||no data||no data|
|Consultant||2.42yrs||no data||no data|
Experienced Management: ELA's management team is considered experienced (2.4 years average tenure).
|CFO & Executive Director||2.33yrs||US$473.00k||0.0081% $29.0k|
|Non-Executive Director||1.5yrs||US$25.00k||no data|
|Non-Executive Director||2.17yrs||US$47.00k||no data|
|Non-Executive Director||3.42yrs||US$49.00k||no data|
|Non-Executive Chairman||4yrs||US$130.00k||0.020% $71.1k|
|Senior Independent Non-executive Director||no data||US$49.00k||0.012% $41.4k|
|Non-Executive Director||4.92yrs||US$51.00k||0.28% $1.0m|
Experienced Board: ELA's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ELA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Eland Oil & Gas PLC's company bio, employee growth, exchange listings and data sources
- Name: Eland Oil & Gas PLC
- Ticker: ELA
- Exchange: AIM
- Founded: 2009
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: UK£357.567m
- Shares outstanding: 215.66m
- Website: https://www.elandoilandgas.com
Number of Employees
- Eland Oil & Gas PLC
- Seabrokers House
- Prospect Road
- AB32 6FE
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ELA||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Sep 2012|
Eland Oil & Gas PLC, together with its subsidiaries, engages in development, exploration, and production of oil and gas properties in West Africa. The company primarily holds interests in the OML 40 license, which covers an area of 498 square kilometers located in the Niger Delta; and a 40% interest in the Ubima field that covers an area of 65 square kilometers located in the northern part of Rivers State. It also provides financing services. Eland Oil & Gas PLC was founded in 2009 and is headquartered in Aberdeen, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/12/18 21:43|
|End of Day Share Price||2019/12/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.